118th Congress · HOUSE BILLBILL

H.R. 7167End Banking for Human Traffickers Act of 2024

To increase the role of the financial industry in combating human trafficking.

Finance and financial sector
Introduced Jan 31, 2024
Last action Jan 31, 2024
Pipeline · Bill → Law
Step 1
Introduced
Jan 31, 2024
Step 2
Referred
Jan 31, 2024
Financial Services · Foreign Affairs
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill establishes requirements for finance and banking entities to detect and prevent human trafficking.  The Financial Institutions Examination Council must review procedures to improve the capability of specified programs to target financial transactions relating to severe forms of human trafficking. The Interagency Task Force to Monitor and Combat Trafficking must submit to Congress recommendations for the revision of anti-money laundering programs specifically targeting severe forms of human trafficking. The bill provides additional criteria to be considered by the Department of State to indicate a foreign country's serious and sustained efforts to eliminate human trafficking for p...

Provisions · 3 sectionsIntroduced in House
Timeline · 3 actions
Jan 31, 2024
Introduced in House
Jan 31, 2024
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 31, 2024
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.